Latest from Cheyenne Ligon
Digital Dollar Needs Legislative Support, Fed Chair Says
The issue of CBDCs and financial privacy were featured during Tuesday’s contentious Senate Banking Committee hearing.

Ethereum Developer Virgil Griffith Pleads Guilty to Conspiracy Charge in North Korea Sanctions Case
Griffith was charged with violating sanctions law by giving a cryptocurrency and blockchain presentation at a North Korean conference in 2019.

BitMEX Awards Grants to Two More Bitcoin Developers
The crypto exchange is now supporting six open-source developers in total.

SEC’s Gensler Calls Stablecoins ‘Poker Chips’ at the Wild West Crypto Casino
The SEC chair also compared the crypto boom to the Wildcat banking era of the 19th century, saying that “history tells us that private forms of money don’t last long.”

Judge Denies Ripple’s Motion to Have SEC Employees’ Crypto Transactions Disclosed
Ripple Labs has been petitioning the SEC for employees’ trading records since early July.

Coinbase Signs Deal With Homeland Security to Provide Analytics Software
The initial contract amount is for $455,000 but can go up to a total of $1.37 million by 2024.

Nearly 70 South Korean Crypto Exchanges May Have to Suspend Service: Report
The deadline to register with South Korea’s Financial Intelligence Unit is Sept. 24, but only four exchanges have registered so far.

Crypto Holders Sue Apple Over ‘Fake’ Wallet App Scam
The lawsuit alleges that a fake wallet app was used to cheat customers out of more than $5 million in crypto holdings.

Crypto Lobbying Group Warns of Another Tax Provision in Senate Infrastructure Bill
A new report from the Proof of Stake Alliance calls attention to a little-debated tax provision that would require some peer-to-peer crypto transactions to be reported to the government.

Olympic Speed Skater Apolo Ohno Sued Over Role in Alleged $50M ICO Fraud
Attorneys for the plaintiffs say Ohno and his business partners “squandered and/or misappropriated” their $50 million investment.

